After the drought comes the flood: China’s newly reformed IPO regime spurs ‘scary’ number of deals

IPOs have churned out fast and furious in 2014 since China’s decision at the end of last year to overhaul its system from an opaque process that did not reflect companies’ true values to one of the world’s most transparent operations. While things look promising for China, it’s possible that after a year of shutdown the floodgates have opened too fast.